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LATEST NEWS

Aldar reports 8% growth in Q3 revenues to Dh1.5 billion

15/11/2018
Aldar Properties, Abu Dhabi’s largest freehold property developer, reported an 8 percent year-on-year increase in revenue to Dh1.5 billion in the third quarter of 2018 and steady year-on-year gross profit of Dh581 million reflecting the strength of its core business.

Nakheel reports 3.5% decline in 9-months net profits to Dh3.86 billion

14/11/2018
Nakheel, developer of the world’s first palm-shaped islands, reported a 3.5 percent decline in its net profits of Dh3.86 billion for the first nine months of 2018, down from Dh4 billion recorded in in the corresponding period last year.

Arada unveils Smart City plans for Aljada

14/11/2018
Arada has announced plans to create one of the UAE’s smartest cities at Aljada, the progressive urban megaproject located in the heart of Sharjah. Among the innovations to be introduced at the 24 million square foot development are a Sustainability Lane for electric vehicles, smart parking, smart solar-powered lighting and ‘circular’ offices. The aim of these initiatives will be to provide residents, workers and visitors to the destination with technology that adds value, improves quality of life, saves money and also supports the environment.

Dubai gets its Way in Texas

13/11/2018
A street named ‘Dubai Way’ – has been inaugurated in an agricultural town called Frisco in Texas, USA. Dubai Way in Frisco, Texas, which is part of Investment Group Overseas’ (IGO’s) development The Gate, was inaugurated by Sultan Butti bin Mejren, Director General of Dubai Land Department (DLD); Saeed Mubarak Al Muhairi, Consul General of the UAE in Houston; Jeff Cheney, Mayor of Frisco; Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD; and Dr Anas Kozbari, Managing Partner and CEO of IGO.

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Emaar offers 3-bedroom Expo Golf Villas for Dh999,888
With prices starting at Dh999,888 for a three-bedroom residence, a monthly payment plan over five years and the fast-growing demand for homes near the Expo 2020 Dubai site, the Al Maktoum international Airport and an 18-hole championship golf course, Emaar has launched the ‘Expo Golf Villas’ that stand to bring high potential yield for investors. Read More...
Deyaar appoints Condor Building Contracting to build Bella Rose
Deyaar Development, one of the UAE’s leading property development and real estate services companies, has appointed Condor Building Contracting as the main contractor for its recently launched residential project, Bella Rose. Read More...
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